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Footnotes: The New SEC Chair; The 401(k) Waste; The Real Middle Class | 11.26.12

Schapiro to Step Down at SEC; Walter to Fill Post [WSJ]

The 401(k) Is a $240 Billion Waste [Atlantic]

FASB, IASB tentatively change revenue recognition constraint [JofA]

UK accountancy regulation ‘toothless’ [FT]

How Can 98 Percent of Us be Middle-Class? [TaxVox]

The Astounding Story Of How A Car Worth $600 Racked Up Over $100,000 In Parking Tickets [Jalopnik]

Posted in ANR